About

Investec plc is a specialist bank and asset manager. The Company provides a range of financial products and services to a client base in various markets, including the United Kingdom and Europe, South Africa, and Asia/Australia. Its segments include Asset Management, Wealth & Investment, and Specialist Banking. The Asset... (more)

Financials

JOHANNESBURG Stephen Koseff, the entrepreneur who co-founded Anglo-South African investment bank and asset manager Investec four decades ago, will step down as chief executive in October as part of a changing of the guard.

Nov 15 Investec Plc said on
Thursday operating profit rose 11.8 percent in the six months to
Sept. 30, supported by its wealth unit even after the
Anglo-South African financial services group flagged political
uncertainty in its main market.

Nov 15 South Africa's Investec Plc
reported an 11.8 percent rise in first-half operating
profit on Thursday fuelled by strength at its top businesses.
Investec, focused mainly on private banking and asset
management, reported operating profit of 314.6 million pounds
($413.79 million) in the six months to September 30 up from
281.4 million.

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